Red Mountain Financial LLC Lowers Stake in Walmart Inc. $WMT

Key Points

• Red Mountain Financial LLC reduced its stake in Walmart Inc. by 22.5% during Q2, now holding 9,667 shares valued at $945,000.
• Several large investors, like Weatherly Asset Management and Monument Capital Management, have increased their positions in Walmart, indicating a varied investor sentiment surrounding the retailer.
• Goldman Sachs raised its price target for Walmart from $101.00 to $114.00, maintaining a "buy" rating amidst mixed quarterly earnings results where Walmart's EPS fell short of expectations.

Red Mountain Financial LLC cut its stake in Walmart Inc. (NYSE:WMT - Free Report) by 22.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,667 shares of the retailer's stock after selling 2,799 shares during the quarter. Walmart comprises about 1.2% of Red Mountain Financial LLC's portfolio, making the stock its 23rd biggest position. Red Mountain Financial LLC's holdings in Walmart were worth $945,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the stock. Weatherly Asset Management L. P. boosted its holdings in shares of Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer's stock valued at $5,489,000 after buying an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its position in Walmart by 34.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer's stock valued at $3,355,000 after acquiring an additional 9,831 shares during the last quarter. Ally Financial Inc. acquired a new stake in Walmart in the first quarter valued at approximately $2,107,000. Night Squared LP purchased a new position in Walmart in the first quarter worth $1,052,000. Finally, Monument Capital Management increased its position in shares of Walmart by 94.2% during the first quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock worth $4,829,000 after purchasing an additional 26,685 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $95.14, for a total value of $1,248,712.50. Following the sale, the executive vice president owned 932,313 shares in the company, valued at $88,700,258.82. This represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the firm's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the sale, the chief technology officer directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 151,232 shares of company stock worth $15,083,877. Corporate insiders own 0.10% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. The Goldman Sachs Group raised their price objective on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. Weiss Ratings reissued a "buy (b)" rating on shares of Walmart in a report on Saturday, September 27th. KeyCorp increased their price objective on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. JPMorgan Chase & Co. lowered their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. Finally, Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Thirty research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Stock Performance

WMT opened at $102.15 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12-month low of $78.98 and a 12-month high of $106.11. The firm has a 50 day moving average of $100.77 and a two-hundred day moving average of $96.61. The firm has a market capitalization of $814.46 billion, a PE ratio of 38.40, a P/E/G ratio of 4.79 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the previous year, the company earned $0.67 EPS. The firm's revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

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